Lesson one: The Past and the Future

A Translation Management System (TMS) can provide you with immediate information on your business. More sophisticated TMS tools even provide a range of required reports.

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Build or Buy

I am often asked whether it is better to buy a management system or build one on your own. This question seems quite tricky, if you consider that I manage a company that builds and sells a translation management system.

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How to Make the ISO Certification Pleasant

15 years ago almost nobody in the language industry cared about ISO certification. The general level of knowledge about ISO standards, particularly ISO 9000 - the so-called quality standard, was very limited...

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How You Sell Makes All the Difference

Clients often look shocked when I tell them I have no price list at a trade show. It intrigues them and they frequently stay for an interesting and fruitful conversation.

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Do You Rely on Your Providers?

As a rule, translation agencies are started by professional translators, not professional managers. In fact, less than 10% are established by business people. The majority of them developed from one-person ”agencies” which were launched, managed and grown by translators.

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Do You Know How to Grow Your Translation Business?

When I meet translation company owners I often hear them say, ”We are a small translation company”. There are so many of them who have great potential, are great leaders and have great teams. But still, they decide to stay small.

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Business Management with XTRF

Business will not be profitable unless you adapt your project management to this new reality. Luckily, there is a lot you can do.

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How to Triple the Efficiency of Your Project Managers

A typical translation project has changed over the years. Now, it is usually small, rushed, cheap, has little context and needs many language combinations.

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Do You Control the Cash Flow Efficiently?

In the language industry it is not unusual for a translation agency to pay its providers before getting paid by the customer.

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7 Steps to Grow Your Translation Business

Each industry has its specifics. But running a good business often comes down to following a narrow set of guidelines. Here are the 7 most important ones that are directly applicable to the management of a Translation Agency.

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